Practices

Government relations

7

EU directives
IMPLEMENTATION IN UKRAINIAN LEGISLATION

Summary

We recognise the real impact that government action or inaction can have in achieving business objectives. Our team advises businesses on policy, legislation, and regulation and applies the best international practices in cooperation with government entities to help clients consider and address the legislative, regulatory, and judicial options available to them.

Clients

We represent private companies, non-profit organizations, and the full range of entities and individuals with issues relating to laws, regulations, and government policies. Our experts help to navigate a highly regulated business environment and set up communication with key government leaders.

Approach

As a member of local and international business associations, advisory commissions, and councils to state authorities, we offer a unique approach to identifying emerging regulatory risks and advise on their mitigation.

Our services

• Acting for clients on privatizations, concessions, and PPP-projects
• Monitoring and analyzing legislative and regulatory activity
• Assessing regulatory & compliance impact
• Drafting and commenting on draft laws and resolutions
• Draft reviewing to determine key issues and legislative acts to track
• Evaluation of emerging regulatory risks and development of means to mitigate them
• Development of working relationships with government bodies
• Representations before governmental bodies

Key experience

ACTED FOR UKRAINE ON CONSENSUAL DEFERRAL OF EXTERNAL DEBTS WORTH OVER USD25 BILLION

25

Bln USD

Ukrainian legal counsel to (i) the Ministry of Finance of Ukraine, (ii) Private Joint Stock Company “National Power Company “Ukrenergo” (“Ukrenergo”), and (iii) the State Road Agency of Ukraine (“Ukravtodor”)

ASSISTED ON PREPARATION OF THE DRAFT LAW “ON INVESTMENT FUNDS” BASED ON UCITS AND AIFM EU DIRECTIVES

National Securities and Stock Market Commission

PARTICIPATED IN THE WORKING GROUP ON VAT REFORM AT THE MINISTRY OF FINANCE OF UKRAINE

Ministry of Finance of Ukraine

PARTICIPATED IN THE PREPARATION OF LEGISLATION ON THE ABOLISHMENT OF THE COMMERCIAL CODE OF UKRAINE

Ministry of Justice of Ukraine

REGULATIONS WITHIN THE FRAMEWORK OF UKRAINIAN SOVEREIGN DEBT RESTRUCTURING, AMENDMENTS TO THE LAW “ON SECURITIES AND STOCK MARKET”

Ministry of Finance of Ukraine

Related materials

News

AVELLUM’s client defeats a challenge to a USD20 million LCIA Award with the UK High Court

In a Judgment dated 20 January 2023, the UK High Court dismissed each of the four grounds of challenge to the award made under s. 68 of the Arbitration Act 1996. The full version of the decision is available via the link. The judgment resolves the ambiguity created by P v D [2019] EWHC 1277 on applicability of the rules on […]

Posted on August 18, 2022

Legal alerts

NEW LAW ON LEASE OF STATE AND MUNICIPAL PROPERTY AND CANCELLATION OF THE LIST OF OBJECTS WHICH MAY NOT BE PRIVATISED

On 25 December 2019, the President of Ukraine signed the new Law of Ukraine “On Lease of State and Municipal Property” (“Law”). The Law will become effective and apply starting from 1 February 2020.

Posted on August 18, 2022

Newsroom

AVELLUM ADVISES THE MINISTRY OF FINANCE OF UKRAINE ON OFFICIAL LOANS EXTENDED TO UKRAINE BY ITALY AND CANADA

AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine.

Posted on August 18, 2022

Newsroom

AVELLUM ACTS FOR UKRAINE ON CONSENSUAL DEFERRAL OF EXTERNAL DEBTS WORTH OVER USD25 BILLION

AVELLUM acted as the Ukrainian legal counsel to (i) the Ministry of Finance of Ukraine, (ii) Private Joint Stock Company “National Power Company “Ukrenergo” (“Ukrenergo”), and (iii) the State Road Agency of Ukraine (“Ukravtodor”).

Posted on August 18, 2022

Newsroom

AVELLUM ADVISES THE MINISTRY OF FINANCE OF UKRAINE ON SOVEREIGN LOANS EXTENDED TO UKRAINE BY FRANCE AND CANADA

“These transactions were closed in record time due to seamless collaboration of all involved parties who clearly understood what was at stake”, – commented Glib Bondar, senior partner of AVELLUM.

Posted on August 18, 2022
AVELLUM ADVISES THE MINISTRY OF FINANCE OF UKRAINE ON SOVEREIGN LOANS EXTENDED TO UKRAINE BY FRANCE AND CANADA

News

AVELLUM ADVISES ON UKRAINE’S USD500 MILLION TAP ISSUE

AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine in connection with a USD500 million tap issue of Ukraine’s 6.876% notes due 2029, which were issued earlier this year. The total outstanding principal amount of the notes after the increase is USD1.75 billion.

Posted on August 18, 2022
AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine in connection with a USD500 million tap issue of Ukraine’s 6.876% notes due 2029, which were issued earlier this year. The total outstanding principal amount of the notes after the increase is USD1.75 billion. It took less than a week for all the parties involved to progress the deal from kick-off to launch. “Overall, it was a quick and efficient transaction that allowed the Ministry to benefit from the favourable market conditions”, – commented Glib Bondar, senior partner of AVELLUM. AVELLUM team was led by senior partner Glib Bondar with significant support from associates Oleg Krainskyi, Mariana Veremchuk and Yaroslav Pavliuk.

Key contacts

MYKOLA STETSENKO

Managing Partner

mstetsenko@avellum.com

GLIB BONDAR

Senior Partner

gbondar@avellum.com

KOSTIANTYN LIKARCHUK

Senior Partner

klikarchuk@avellum.com

Team

VADIM MEDVEDEV

Partner

vmedvedev@avellum.com

YURIY NECHAYEV

Partner

ynechayev@avellum.com

MAKSYM MAKSYMENKO

Partner

mmaksymenko@avellum.com

MYKYTA NOTA

Partner

mnota@avellum.com

ANDRIY ROMANCHUK

Partner

aromanchuk@avellum.com

Practice

Tax

We provide full-scope tax services, including domestic and international tax planning, tax disputes, transactional tax and financing transactions.

Industries

Telecoms and Media

We keep up with the unprecedented growth of the telecommunications, media and technology (TMT) sector and help clients navigate the fresh regulatory challenges.

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